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ITE Group: Westhouse Securities downgrades from buy to add, while keeping the target price at 261p.

Inchcape: UBS starts with a target price of 515p and a buy recommendation.

Go-Ahead Group: Jefferies reduces target price from 1470p to 1445p and maintains a buy rating.

Gable Holdings: Panmure Gordon raises target price from 48p to 63p keeping its buy recommendation.

Domino Printing Sciences: Numis downgrades to add with a target price at 675p.

Cairn Energy: JP Morgan cuts target price from 390p to 320p; neutral rating unchanged.

Brewin Dolphin Holdings: Numis raises target price from 163p to 188p keeping a hold rating.

BHP Billiton: Nomura raises target price from 2000p to 2350p and reiterates its buy recommendation.

Ashtead Group: Numis downgrades to add with a target price at 437p.

Antofagasta: Nomura reduces target price from 1450p to 1400p and downgrades from buy to neutral.

Anglo American: Nomura cuts target price from 2000p to 1800p keeping a neutral rating.

Andor Technology: WH Ireland raises target price from 480p to 500p, while maintaining a buy rating.

Broker Date Rating Previous assessment Latest assessment Assessment change Previous target Latest target Target change December 2012 Investec 11/12 Retains Sell Sell 1,650.00p 1,650.00p Numis 11/12 Reiterates Add Add 2,650.00p 2,700.00p Credit Suisse 11/12 Retains Outperform Outperform 2,760.00p 2,760.00p Panmure Gordon 11/12 Reiterates Hold Hold 1,994.00p 1,994.00p Oriel Securities 11/12 Reiterates Hold Hold Shore Capital 11/12 Retains Buy Buy Liberum Capital 11/12 Reiterates Buy Buy 2,740.00p 2,740.00p Numis 10/12 Reiterates Add Add 2,650.00p 2,650.00p Panmure Gordon 07/12 Reiterates Hold Hold 1,994.00p 1,994.00p Deutsche Bank 07/12 Reiterates Hold Hold 2,385.00p 2,385.00p Morgan Stanley 07/12 Retains Overweight Overweight 2,300.00p 2,300.00p JP Morgan Cazenove 07/12 Reiterates Overweight Overweight 2,500.00p 2,500.00p Credit Suisse 06/12 Upgrades Neutral Outperform 2,568.00p 2,760.00p Shore Capital 04/12 Retains Buy Buy Barclays Capital 04/12 Reiterates Overweight Overweight 2,525.00p 2,525.00p

Positive Points: Whitbread is currently on track to deliver full year results in line with current analyst expectations. Management highlighted that during the quarter, Premier Inn continued to outperform its competitive set. Over the same period, Premier Inn delivered total revenues per room (revpar) growth of 0.7% compared with a decline of 0.6% for the total UK hotel market and a decline of 5.4% for the Mid-scale and Economy sector. Costa again saw strong sales momentum. UK like-for-like sales rose by 7.1% (Q2: +5.7%) and total sales grew by 25.5%. Management previously noted that “Premier Inn is benefitting from a structural shift in the UK towards strong branded hotels. Costa's growth is supported by its leading UK position in a robust category, together with exciting international opportunities.” A progressive dividend policy continues to be pursued. The half year dividend was increased by 11.4% to 19.5 pence (2011/12: 17.5 pence). The board previously outlined five-year growth milestones (to 2015/16) to increase the number of Premier Inn UK rooms to at least 65,000, add 80-100 new Restaurants and to nearly double the size of Costa with global system sales of £1.3 billion and 3,500 stores worldwide. The Group spent £187.6 million on capital during the half compared to £129.0 million last year. The increase in expenditure was in line with its five year plan.

Negative Points: Management outlook comments provided some caution. The Chief Executive highlighted that “the economic environment remains challenging with no change in our background consumer market.” Group like-for-like sales slowed from 4.2% in Q2 to 3.3% in Q3. Like-for-like sales growth at its Premier Inn division slowed to 2.5% in the quarter, down from 3.2% in Q2. The Olympic Games during the previous period looks to have impacted. Like-for-like sales growth at its Restaurant division slowed to 1.9% in the quarter, down from 4.9% in Q2. Comparatives in the weather year-over-year may have impacted. Competition remains intense across the group's various business arenas. Further possible rises in the price of both coffee and food could provide potential cost pressures going forward.

Financial Highlights: Total group sales during the third quarter rose by 14.4% Group like-for-like sales growth of 3.3% reported

Third quarter update: Whitbread continued to please, despite the dual headwinds of tough comparatives and a post-Olympic slowdown, which had already been trailed - the share price rose by over 5% in early trading. Costa Coffee remained a particular engine of growth, whilst Premier Inn made its own subdued contribution as compared to previous quarters. Even so, the Premier performance compares well with its peers, as does that of the restaurant business. There was an inevitable word of caution from management on the immediate outlook, although it reiterated its previous guidance. The company continues to benefit from being well positioned in a cost conscious consumer environment, and this momentum has filtered through to both the underlying numbers and, indeed, the share price. In terms of the share price, despite a 52% rise over the last year (as of 11Dec12), as compared to a 7% hike for the wider FTSE100, we believe there is no sign of investors'appetite for the stock waning

ENRC Chief Executive Felix J Vulis said: "Consolidating our ownership of Camrose will be an important step forward for the group, enabling us to gain maximum benefit from the development of these assets and to continue to support our strategy and ambition of becoming a material African copper producer." The proposed deal will require the approval of ENRC shareholders at a meeting at the end of the month.

Mining titan Eurasian Natural Resources Corporation (ENRC), is to buy the remaining stake in Democratic Republic of the Congo (DRC) focused group Camrose Resources for over half a billion dollars, the firm announced on Monday. ENRC Congo BV, which already owns 50.5% of Camrose, has proposed to buy the remaining 49.5% interest for $550m in cash. The acquisition is an attempt to simplify its organisational structure and consolidate its position within the DRC. Camrose holds interests in a variety of copper and cobalt licences in the country, including a 70% indirect interest in Metalkol, 64% of Toronto-listed Africo Resources and a 55% indirect interest in La Congolaise des Mines et de Développement Sprl (otherwise known as Comide). ENRC said the takeover, while generating "significant profits and positive cash flows", will also help it to increase operational synergies across its regional copper and cobalt operations.

In terms of positives, relative performance was generated by underweight PC exposure, the decision to retain some liquidity ahead of third quarter earnings season and a number of strong individual stock performances including Ariba, Kenexa, Springsoft and OPNET, all of which were acquired during the period for premiums that ranged between 19-42%. Rogoff added that the market outlook for economic recovery remained fragile. "While we acknowledge that there may be some additional downside risk to 2013 estimates, we believe this is likely to be modest and strongly disagree with the view that the current earnings cycle may have played out. In our experience, the third quarter has always been an awkward seasonal period -especially for technology earnings- even without the added distraction of the Olympics and leadership change in three of the world's most important economies." Polar Capital Technology Trust has a market capitalisation of £470.82m